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You serve as insurance agents, brokers and consultants with exclusive trust and influence when you work with employers and their employee benefit plans. Your clients depend on your benefits expertise to manage their employee benefits, yet they remain dangerously unaware of their ERISA fiduciary responsibilities.
The lack of understanding creates an upcoming risk that endangers your clients’ financial security, as well as your professional standing and future client relationships.
Frank Pennachio is the co-founder of Gaffney Hill Consulting and author of The Silent Danger
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